Bulgaria taking place on Forbes’ list of Best Countries for Business
In the 2012 edition of the Best Countries for Business ranking of Forbes, Bulgaria outpaces Romania.Bulgarian ranks 49th in the list of total 141 countries. It is between Saudi Arabia which is ranking 48th and Georgia- 50th .In the list of the Best countries for business close to Bulgaria are Hungary and Croatia, which rank 46th and 47th, respectively. In Forbes’ 2012 list , Turkey is 52nd and Romania is 6th .
The main factors which Forbes used for the ranking list are: innovation, property rights, technology, taxes, corruption, freedom( personal, trade and monetary), red tape, stock market performance and investor protection.
New Zealand is in the top of the ranking of Best Countries for Business 2012, followed by Denmark, Hong Kong, Singapore, Canada, Ireland, Sweden, Norway, Finland and the United Kingdom.
The USA ranks 12th, while France and Germany are 20th and 21st, respectively.
The best –placed Eastern And Central Countries are Estonia-22tnd and Slovenia-23rd, which are more attractive for doing business than Austria-26th.
Poland is on of the best places for doing business, but is taking rank 38th.
The five lowest- ranking countries in the list of best Countries for business are Cameron, Venezuela, Zimbabwe, Chad and Guinea.
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